hi! am new here and will like to invest in the pool but i will like to understand a little bit more of how it works. the banner says invest $395 and get $0,76 for a year. doing the math. $0,76 x 365 = $ 277,4. i.e a deficit of $117,6. i will like to invest so clarifiy me. thanks!
What plan are you taking these figures from?
Please note that the returns show, are estimated
returns only and based on the current BCH price.
If you look at the 2 year contracts we currently have in stock: https://pool.bitcoin.com/index_en.html#buyhashrate
At the current price of $49 per TH, $392 you will get you 8TH/s, the estimated daily return (after
the daily fee has been subtracted) is 0.00058016 BCH or $0.51 at today's BCH price.
$0.51 x 365 = $186.15 x 2 = $372.3, although this is still a loss of $19.7, these figures are based on the price of BCH staying at around $880 for the whole 2 year. I very much doubt that will happen, in 2 years BCH could easy be worth a lot more.
If BCH went up to just $5000 in the 2 years, your profit on the mining contract could be around $2000 USD, but this is just an estimate, there are a lot of factors that can change mining revenue, such as difficulty adjustments.